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Market Intelligence:
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Industry Data
  • Commercial banking
    Wells Fargo commits to interim targets ahead of net-zero emissions goal

    The San Francisco bank is following the lead of other U.S. megabanks by providing shorter-term targets ahead of 2050 climate pledges.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 5
  • Small business banking
    Bank of America upgrades its digital offerings for business clients

    Over the past year, BofA has launched or enhanced a slew of technology-based features for business clients of all sizes, from a “start a business” microsite to cash-flow forecasting.

    By Miriam Cross
    Tech Reporter
    May 5
    Tom Durkin, global product head of CashPro in global transaction services at Bank of America
  • Politics and policy
    Lawmaker scrutiny of overdraft intensifies as industry urges caution

    Lenders argue that they're taking steps to eliminate or rein in the consumer fees, but several Democratic senators say reform legislation could be a necessary step in the near future.

    Brendan Pederson Author Image
    By Brendan Pedersen
    Reporter
    May 4
    House Speaker On Center Stage With White House's $4 Trillion Agenda At Risk
  • Industry News
    U.S. Bank 'uncertain' when deal for MUFG Union will get green light

    The Minneapolis company, which previously said it expected the $8 billion acquisition to close in the first half of 2022, has become less firm about that projection.

    By Jon Prior
    Staff Writer
    May 4
    U.S. Bank Union Bank.jpg
  • Fraud
    Fraud is down, but more expensive

    Although the number of scam attempts is falling, especially in financial services, costs are up, data shows.

    Carter Pape, American Banker
    By Carter Pape
    Technology Reporter
    May 4
    FTC Chief Says He's Willing To Break Up Big Tech Companies
  • Credit unions
    How bots help Teachers Federal Credit Union prep for nationwide growth

    The New York credit union is using robotic process automation tech from Blue Prism to handle time-consuming tasks related to data entry, collections and other needs. This frees up its employees to focus on the organization's expansion.

    By Robin Arnfield
    May 4
    Teachers Federal Credit Union
  • Industry News
    Big-bank CEOs warn of recession risk

    The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley.

    By Polo Rocha
    Staff Writer
    May 4
    JPMorgan Chase's Jamie Dimon, BofA's Brian Moynihan, Morgan Stanley's James Gorman
  • BankThink A call for collaboration in the fight against digital fraud

    Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.

    May 4
    Greg Woolf
    Greg Woolf
    FiVerity
  • Digital banking
    Truist seeks to gamify savings with mobile app acquisition

    Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 3
  • Politics and policy
    Consumer Bankers Association names Lindsey Johnson its next leader

    Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.

    By Polo Rocha
    Staff Writer
    May 3
  • Fintech
    Nova Credit tech turns bank account data into credit assessments

    Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 3
    Misha Esipov, CEO, Nova Credit
  • Industry News
    8 companies helping employees access abortion care

    With abortion rights in the U.S. in danger, employers are taking measures to extend support and access to healthcare.

    By Stephanie Schomer
    Editor-in-chief
    May 3
    Abortion.Bloomberg.5.20.19.jpg
  • Commercial banking
    Japan’s SMBC Group reshuffles leadership of its Americas unit

    The $2 trillion-asset company has appointed a new CEO and chief operating officer of its growing business in the U.S., Mexico and other parts of the Western Hemisphere.

    By Jon Prior
    Staff Writer
    May 2
  • Digital Transformation
    Citi’s plans for its $1 billion tech budget in corporate banking

    Naveed Anwar, global head of digital for Treasury & Trade Solutions, is upgrading the bank’s self-service portal and expanding its embedded banking offerings for large tech and fintech clients.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 2
    Naveed Anwar, global head of digital, Treasury & Trade Solutions, Citi
  • Payments
    Banks gearing up to test real-time payments across borders

    About two dozen banks in the U.S. and Europe, including ABN Amro and Bank of America, are working with The Clearing House and EBA Clearing, using technology from SWIFT, to make instant international transactions ubiquitous for business and e-commerce sales.

    By John Adams
    Executive Editor, Payments
    May 2
    ABN Amro and Bank of America locations
  • Regulation and compliance
    Citi, freed from decade-old consent order, still has its work cut out

    Citigroup has been released from a 2012 enforcement action that faulted its anti-money-laundering efforts. But company executives are expected to spend a lot of time over the next few years seeking to resolve a pair of more recent consent orders.

    By Allissa Kline
    Reporter
    May 2
  • Industry News
    Jennifer Gravenor, Northern Trust Co. | Next 2022

    Preparation, skill and expertise are keys to her success both as a classical musician and as a bank leader.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    May 1
  • Women in Banking: Next 2022
    Emily Turner, Citi | Next 2022

    An American expat living in London brings her problem-solving savvy to Citi’s Institutional Clients Group.

    Chana-Schoenberger-headshot-crop.png
    By Chana Schoenberger
    Editor-in-Chief
    May 1
  • Women in Banking: Next 2022
    Ashley Comstock, Vectra Bank Colorado | Next 2022

    Comstock, one of the youngest CFOs in the industry, has been overseeing the construction of a new $67 million headquarters.

    Mary Ellen Egan, senior editor of women's programs at American Banker
    By Mary Ellen Egan
    Senior Director, Strategy and Content, Live Media - Banking
    May 1
  • Women in Banking: Next 2022
    Laura Howe, Wells Fargo | Next 2022

    Responsible for a five-state territory, this regional director often travels 500 miles a week visiting branches and customers.

    Mary Ellen Egan, senior editor of women's programs at American Banker
    By Mary Ellen Egan
    Senior Director, Strategy and Content, Live Media - Banking
    May 1
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

Download the American Banker app

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.